Skip to content
The African Exponent DATA
Resources

Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (read from the page image) (17 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

HORDS

HORDS · Ghana Stock Exchange · Company statements

On this page
Company details
Legal name
HORDS PLC
Listing
HORDS on the Ghana Stock Exchange, active (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
31 December

Overview

Year ended 31 December 2024 · audited financial statements, signed / final · source

  • Revenue

    GHS 249,713

    249,713 GHS units · p10

    −5.9% vs 2023

  • Operating profit / (loss)

    −GHS 585,131

    (585,131) GHS units · p10

    Change not shown.

  • Profit / (loss) for the year

    −GHS 571,777

    (571,777) GHS units · p10

    Change not shown.

  • Total assets

    GHS 2.55 million

    2,547,070 GHS units · p9

    −11.7% vs 2023

  • Total equity

    GHS 2.26 million

    2,262,688 GHS units · p9

    −20.2% vs 2023

  • Cash from operations

    GHS 206,969

    206,969 GHS units · p12

    Change not shown.

Large amounts are rounded for reading (GHS million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Not shown: the prior-year figure is zero or negative.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in GHS units unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY2024 — audited financial statements, signed / final; reported for the year · source
  • FY2023 — audited financial statements, signed / final; comparative in the FY2024 filing · source

Income statement

Income statement, GHS units. Columns: FY2024 — audited financial statements (signed / final), as reported for the year; FY2023 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2024.
Line (as printed) FY2024Audited financial statementsreported for the yearFY2023Audited financial statementscomparative in FY2024 filing
Revenue 249,713 265,348
Cost of sales (150,397) (148,538)
Gross profit 99,316 116,810
Selling and distribution expenses (6,347) (20,699)
Administrative expenses (659,815) (239,798)
Directors' remuneration1 –2 –2
Auditor's remuneration3 (18,285) (18,285)
Operating profit (585,131) (161,972)
Gain on fair value through profit or loss 4,992 13,647
(Loss) before tax (580,139) (148,325)
Income tax expense 8,362 101,405
Net profit/(loss) for the year (571,777) (46,920)
Other comprehensive income –4 –4
Total comprehensive (deficit) for the year (571,777) (46,920)
Depreciation 25,639 25,639
  1. Printed “-”, read as nil: subtotal_arithmetic: is.operating_profit.
  2. Printed “-”, read as nil: subtotal_arithmetic: is.total_comprehensive_income.
Notes and alternative reported figures (2)
  1. “Directors' remuneration” is an issuer-specific line, not mapped to a shared definition: Note 18; printed dash in both years.
  2. “Auditor's remuneration” is an issuer-specific line, not mapped to a shared definition: Operating expense line.

Balance sheet

Balance sheet, GHS units. Columns: FY2024 — audited financial statements (signed / final), as reported for the year; FY2023 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2024.
Line (as printed) FY2024Audited financial statementsreported for the yearFY2023Audited financial statementscomparative in FY2024 filing
Property, plant and equipment 1,006,095 1,031,734
Intangible assets –1 52,384
Deferred tax 400,746 392,384
Total non-current asset 1,406,841 1,476,502
Inventory 11,810 631,465
Trade and other receivables 100 –2
Current taxation 3,000 3,000
Mutual fund investment3 779,089 774,097
Cash and cash equivalents 346,230 41
Total current assets 1,140,229 1,476,502
Total assets 2,547,070 2,885,105
Stated capital 3,250,000 3,250,000
Reserve and surplus4 (174,425) (174,425)
Retained earnings (812,887) (241,110)
Total equity 2,262,688 2,834,465
Loans 171,575 32,355
Trade and other payables 112,807 18,285
Total liabilities 284,382 50,640
Total liabilities and equity 2,547,070 2,885,105
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_assets.
  2. Printed “-”; reading unresolved, so no amount is shown. Printed dash for 2023; the printed 2023 current-asset subtotal is itself inconsistent (issuer_inconsistency note), so it cannot confirm the nil.
Notes and alternative reported figures (2)
  1. “Mutual fund investment” is an issuer-specific line, not mapped to a shared definition: Note 8: investment measured at fair value through profit or loss.
  2. “Reserve and surplus” is an issuer-specific line, not mapped to a shared definition: Note 11 (negative).

Cash flow

Cash flow, GHS units. Columns: FY2024 — audited financial statements (signed / final), as reported for the year; FY2023 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2024.
Line (as printed) FY2024Audited financial statementsreported for the yearFY2023Audited financial statementscomparative in FY2024 filing
Loss before tax1 (580,139) (148,325)
Amortisation2 52,384 60,989
Gain on mutual fund3 (4,992) (13,647)
Operating cash flow before working capital4 (507,108) (75,344)
Change in account receivables5 (100) 170,570
Change in inventories6 619,655 181,537
Change in trade payables7 94,522 (249,375)
Net cash flow from operating activities 206,969 (27,388)
Loan 141,072 –8
Repayment of loan (1,852) –8
Net cash flow from financing activities 139,220 –9
Net increase/(decrease) in cash and cash equivalent 346,189 (27,388)
Cash and cash equivalent at 1 January 41 27,347
Cash and cash equivalent at 31 December 346,230 41
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
  2. Printed “-”; reading unresolved, so no amount is shown. Printed dash for 2023; no printed subtotal confirms the nil (the 2023 loan lines are also dashes).
Notes and alternative reported figures (7)
  1. “Loss before tax” is an issuer-specific line, not mapped to a shared definition: Opening line of the operating activities.
  2. “Amortisation” is an issuer-specific line, not mapped to a shared definition: Operating adjustment (note 5).
  3. “Gain on mutual fund” is an issuer-specific line, not mapped to a shared definition: Operating adjustment (note 17a).
  4. “Operating cash flow before working capital” is an issuer-specific line, not mapped to a shared definition: Operating subtotal.
  5. “Change in account receivables” is an issuer-specific line, not mapped to a shared definition: Working-capital movement.
  6. “Change in inventories” is an issuer-specific line, not mapped to a shared definition: Working-capital movement.
  7. “Change in trade payables” is an issuer-specific line, not mapped to a shared definition: Working-capital movement.

Per share and shares

Per share and shares. Columns: FY2024 — audited financial statements (signed / final), as reported for the year; FY2023 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2024.
Line (as printed) FY2024Audited financial statementsreported for the yearFY2023Audited financial statementscomparative in FY2024 filing
Earnings / (loss) per share (per share)1 (0.00497) (0.00040)
Notes and alternative reported figures (1)
  1. Earnings / (loss) per share: printed as “Basic earnings per share”.

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

No dividend statement or amount collected.

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • HORDS PLC Financial Statements for the year ended 31 December 2024

    Year ended 31 December 2024 · Audited financial statements · signed / final

    Audit: CFY Partners (Chartered Accountants), unmodified opinion · signed

    Auditor's sign-off: CFY Partners (ICAG/F/2025/073); engagement partner Nii Akwei Tetteh (ICAG/P/1381)

    Final status: Independent auditor's report signed by hand in the firm's name ('CFY Partners', ICAG/F/2025/073; engagement partner Nii Akwei Tetteh, ICAG/P/1381, named in the text) with the firm's stamp, dated by hand '30-June-2025' (PDF p8, page image). The statement of financial position carries two directors' handwritten signatures, but the approval date ('approved by the Board of Directors on ____ 2025') and the directors' names are left blank (PDF p9, page image).

    Document date
    30 Jun 2025
    Published
    13 Aug 2025
    Auditor's report
    30 Jun 2025
    Board approval
    date left blank in this document
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2024, FY2023
    Basis
    company statements · GHS units (printed “All amounts are expressed in Ghana Cedis”)
    • The directory lists the issuer as 'HORDS LTD' (GSE, ticker HORDS); the document prints 'HORDS PLC' throughout and says it was 'registered in 1999 as a limited liability company' (note 1, p13). No registration number or change-of-name statement is printed. The GSE itself published the document under 'HORDS PLC' (PR-323).
    • Statement of cash flows, 2023 (p12): the working-capital lines give +27,388 from operating activities (-75,344 + 170,570 + 181,537 - 249,375) but the total is printed (27,388); opening cash 27,347 less 27,388 would be (41), but closing cash is printed 41. Kept as printed.
    • Statement of financial position, 2023 (p9): 'Total current assets' is printed 1,476,502 (the same figure as total non-current assets), while the current-asset lines add to 1,408,603 and total assets 2,885,105 equals 1,476,502 + 1,408,603. Kept as printed.
    • Photographed pages without a text layer; no hidden figures.
    • The cash-flow statement (p12) is headed 'Notes to the financial statements' and has no investing section. The 2024 income tax line (8,362) is printed without brackets under 'Income tax expense' and acts as a credit. The board approval date and directors' names are blank (p9).
    Technical details
    File
    35 pages, scanned (figures read by OCR and checked against the page image)
    SHA-256
    86f13c6f7849238ddbe04da259cddf2c21374212c6aca2c500ff1d0ee4840955
    Entity as printed
    HORDS PLC
    Exchange copy
    retrieved 2026-10-08T17:54:17Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been located on its cited source page in an AI-assisted source verification (read from the page image) (17 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

Download

Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.

· Company methodology and coverage